The nationalized Mykolaiv Alumina Plant, belonging to the Russian oligarch Oleg Deripaska before the invasion, is yet unable to fully resume operation. “The plant is managed by the State Property Fund. We maintain its operating condition. Now its operation is suspended due to the blocking of Mykolaiv seaports and the danger of shelling. All this…
The State Property Fund explained why the Demurinsky Mining and Processing Works LLC was not auctioned together with the United Mining and Chemical Company JSC. The key reason was the preparedness for privatization. UMCC was already prepared for the auction, while adding DGOK would have delayed the process. Moreover, consultations with promising buyers showed that…
This year, Ukraine intends to increase steel output by 1 million tons, to 7.2 million tons. “If the situation doesn’t get worse (for which we all hope), this year steel output of not less than 7.2 million tons of steel can be expected. We finished 2023 with 6.2 million tons. Thus, an increase can amount…